USMCA to Increase Ag Exports by $2.2 Billion

Agricultural exports are expected to increase by $2.2 billion under the United States-Mexico-Canada Agreement once it’s implemented, according to a report by the International Trade Commission. Dave Salmonsen, senior director of congressional relations at AFBF, explained in a recent Newsline that changes to trade rules prompted the projected increase.

“In the past, the ITC really never had a way of putting numbers behind rules,” Salmonsen said. “But this time they used some new modeling and came out with that number. And we think over time, once this is implemented, this will have those beneficial effects and be a good addition to what we already have in NAFTA with the new USMCA provisions.”